The term used for the limit that applies to the total of bodily injury and property damage combined, resulting from one accident, is?

The term used for the limit that applies to the total of bodily injury and property damage combined, resulting from one accident, is?

• A. Combined Single
• B. Per Occurrence
• C. Aggregate
• D. Per Person

Answer: (A)

The concept here is how liability limits are structured for a single accident. A Combined Single Limit means there is one total dollar amount that covers both bodily injury and property damage arising from that one incident. So, if the policy shows a Combined Single Limit of, say, $300,000, the insurer can pay up to $300,000 total for BI and PD combined for that accident, without separating how much goes to injuries versus property damage. This differs from other terms. Per person refers to the amount available for bodily injury to any one individual, not a combined total with property damage. Per occurrence or per accident often implies separate limits for BI and PD per incident, rather than a single blended cap. Aggregate is the maximum the policy will pay for all BI and PD claims during the entire policy period, not just per incident. So the term that describes the limit for the total BI and PD combined from one accident is the Combined Single Limit.

The concept here is how liability limits are structured for a single accident. A Combined Single Limit means there is one total dollar amount that covers both bodily injury and property damage arising from that one incident. So, if the policy shows a Combined Single Limit of, say, $300,000, the insurer can pay up to $300,000 total for BI and PD combined for that accident, without separating how much goes to injuries versus property damage.

This differs from other terms. Per person refers to the amount available for bodily injury to any one individual, not a combined total with property damage. Per occurrence or per accident often implies separate limits for BI and PD per incident, rather than a single blended cap. Aggregate is the maximum the policy will pay for all BI and PD claims during the entire policy period, not just per incident.

So the term that describes the limit for the total BI and PD combined from one accident is the Combined Single Limit.